Nuburu Inc. shares rallied on June 18, 2026, following the presentation of its NUBURU Defense initiative in Italy. The strategic plan centers on a pending acquisition of a 70% stake in the Italian defense firm Tekne S.p.A.
The proposal is currently under the Italian government's Golden Power review. This initiative aims to establish an Italy-centered, software-driven defense and security platform.
Nuburu projects gross revenues of approximately $336.3 million from 2026 through 2029. The company expects to generate $13.1 million in revenue during 2026.
Investors responded positively to the massive scale-up forecast. The ambitious growth trajectory has sparked renewed market interest in the micro-cap company.